Last month I wrote about the family connections between the elusive Mr King, Wang Yaohui and Vong Pech, who has the largest financial interest in Birmingham City. Feedback from that article suggests there is still some confusion as to just who this Mr King guy is, and why I’ve dedicated so much of my time to uncovering connections between him and the titular shareholders of Birmingham Sports Holding. In this article I’m hoping to rectify that somewhat.
On Friday, Birmingham Sports Holdings made an announcement to the Hong Kong Stock Exchange that they had issued just over a billion new shares in the company to repay debts to two third party lenders. An investigation into the two companies and their owners has shown that both companies are connected both to the elusive Mr King, Wang Yaohui.